Treasury Yields Turn Higher Again

Treasury yields moved higher again after briefly falling following Friday’s softer-than-expected jobs report. According to the report, bond prices and yields typically move in opposite directions, but investors quickly reversed the early move. Market participants said the initial drop was tied to expectations that an October rate hike had become less likely, given traders had already reduced those odds ahead of the jobs data. The article stops short of adding specific yield figures or a detailed policy outlook, focusing instead on the quick rebound and the role of revised rate-hike probabilities in driving trading.